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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: Ed Ajootian who wrote (112863)10/30/2008 6:13:32 PM
From: Cogito Ergo Sum  Respond to of 206147
 
That's a good question.. I didn't look at those.. I may have thought twice before posting but I looked at the following...

maybe Canucks are more rational LOL or we are just wrong .. The charts illustrate why I posted as I did.

Horizon oil bear (commodity)

Horizon oil bull (commodity)

Horizon TSX energy index bull..

Horizon TSX energy index bear..

My only energy position is VNR presently... My roadmap is still (posted earlier) that I think we get a good bounce into Christmas and then a retest or the more dire predictions of DOW 5-7K.. I think we have a good shot of retest and then up steady as long as American start cleaning up their personal balance sheets... (well I assume present company is fine :O) and that is how I'm playing it.. Mostly infrastructure, essential services with decent yield.. I did start a position in SII(TSX) today which is a play on commodity recovery betting on folks that are probably smarter than me :O)... I had a couple of hundred grand worth of stink bids on COS.UN today which did not come close.. Kinda disappointing for me but I don't relish seeing more pain on the board so that's OK too..

Blackie